briquette testing indicates substantial upgrad

BRIQUETTE TESTING INDICATES SUBSTANTIAL UPGRADE IN COAL QUALITY
FOR NUURST PROJECT
Highlights:
? Briquettes created from Nuurst coal has resulted in a significant increase in
calorific value to 5,648 kcal/kg on an as received basis (compared to 4,178
kcal/kg for the raw coal sample)
? Test results indicate that Nuurst coal in the briquette form now reaches the
benchmark 5500Kcal/kg Newcastle thermal coal energy level.
? Discussions with the Mongolian Government concerning supplying coal under
their clean coal initiative continue to progress